ON4 COMMUNICATIONS ANNOUNCES SECOND MEETING WITH QVC AND PILOT ORDER W/LARGE MIDDLE EASTERN TAXI COMPANY
18 Outubro 2017 - 12:50PM
InvestorsHub NewsWire
ON4 COMMUNICATIONS ANNOUNCES SECOND MEETING WITH
QVC AND PILOT ORDER WITH A LARGE MIDDLE EASTERN TAXI
COMPANY
New York, New York -- October 18 2017 -- InvestorsHub
NewsWire-- On4 Communications, Inc.
(OTC: ONCI) today announced it has secured a second meeting
with QVC and signed a Pilot order with a large Middle Eastern Taxi
Fleet.
CEO Steve Berman states, "I will be traveling to Westchester
Pennsylvania on Tuesday, November 21 2017 for a second meeting with
QVC. They already have tested units and we are negotiating a price
for10,000 or more a year."
"We are also excited to announce that we have signed Gunther
Motors with brands including VW,2 dealerships, Mazda and Kia. They
have taken a total of 90 units per month at $200 for $18,000 per
month and a total $216,000 per year. Gunther is one of the largest
VW dealers in the country. We are able to announce the name Gunther
Motors as the connection was made by one of our shareholders."
"We are also pleased to announce that we have a pilot program
with a large Middle Eastern Taxi Fleet with over 10,000 taxis
throughout 4 different countries including Saudi Arabia, Kuwait,
UAE and Egypt. They have ordered 500 units at $200 ea for a total
of $100,000. I will be meeting with the company in Dubai at the
Auto Show to negotiate pricing on the remainder of the fleet. We
are talking about not only Bsafe Mobile but Bfound Mobile as
well."
"We are pleased to announce the removal of $1.8M in Long Term
Debt. We settled this debt for 33 cents on the dollar. Our move to
Colorado will show no long-term debt on our books. This was the
last important step in our debt removal plan. Our increased
revenues have all been reinvested in the company to be able to grow
as fast as we have been. The reason this was so important to
accomplish was the interest on the debt was a huge burden to our
operations. "
"We are also pleased to announce that we have set up 3
additional meetings at the Dubai Auto Show with very large
international companies with over 5000 vehicles each in their
fleets. This brings our total to total to 9 potentially large
international opportunities from the auto show."
"We are also proud to announce that we will be starting our
targeted Facebook campaign with Fly Communications to begin next
week. We are expecting to drive a lot of traffic to our Bsafe
Mobile website."
"The reason why I have not posted the engagement letter with our
accountant is because of changes our SEC consul advised. As soon as
we get this done I will post it on Twitter."
"Additional revenue contracts and more updates shortly." CEO
Steve Berman Concludes
About On4 Communications
On4 is a holdings company with an aggressive focus of acquiring
proven and profitable businesses. Our first project is focusing on
businesses operating in the $1.7 trillion U.S. healthcare industry.
Our newest targeted businesses are operating in
the trillion-dollar mobile App space. Our first
acquisition in the mobile App space is FMS Marketing a global
creator and distributor of mobile Apps for Android
and Iphones. We are also targeting businesses to acquire and
joint venture with in the medical marijuana and emerging MJ
ancillary products space.
Forward-Looking Statement
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, as well as statements that include words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions are forward-looking statements. All forward-looking
statements involve risks, uncertainties and contingencies, many of
which are beyond our control, which may cause actual results,
performance, or achievements, as described in our reports filed
with the Securities and Exchange Commission which are available for
review at www.sec.gov, to differ materially from anticipated
results, performance, or achievements. We are under no obligation
to (and expressly disclaim any such obligation to) update or alter
our forward-looking statements, whether as a result of new
information, future events or otherwise.
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